Crypto Privacy Tracker

Sovereigns

There is no sovereignty without financial privacy.

The value held privately in crypto rivals some of the largest institutional holders in the world. The Monero community alone holds more than entire nations.

Here's how they compare:

Sovereigns — collective value held privately by crypto communities
Crypto — collective value held on transparent, public ledgers
DeFi — collective value locked in a protocol
Corporate — collective BTC holdings of an institution
ETFs — collective BTC holdings of a fund
State — collective BTC holdings of a nation state

Here's where the sovereigns rank.
# Entity Category BTC
1 Bitcoin (BTC) crypto ₿20.1M
2 Ethereum (ETH) crypto ₿3.5M
3 Tether (USDT) crypto ₿2.8M
4 BNB (BNB) crypto ₿1.2M
5 USDC (USDC) crypto ₿1.1M
6 XRP (XRP) crypto ₿1.1M
7 iShares Bitcoin Trust (IBIT) etf ₿764,205
8 Strategy (MSTR) corporate ₿714,644
9 Solana (SOL) crypto ₿685,448
10 TRON (TRX) crypto ₿479,785
11 United States state ₿328,372
12 Figure Heloc (FIGR_HELOC) crypto ₿323,925
13 Hyperliquid (HYPE) crypto ₿209,773
14 Fidelity Wise Origin Bitcoin Fund (FBTC) etf ₿201,815
15 China state ₿190,000
16 Dogecoin (DOGE) crypto ₿173,179
17 Private Crypto sovereigns ₿168,670
18 Grayscale Bitcoin Trust (GBTC) etf ₿167,683
19 Block.one corporate ₿164,000
20 USDS (USDS) crypto ₿154,585
21 Rain (RAIN) crypto ₿147,306
22 LEO Token (LEO) crypto ₿139,315
23 Wrapped BTC (WBTC) defi ₿125,330
24 WhiteBIT Coin (WBT) crypto ₿102,781
25 Stellar (XLM) crypto ₿99,206
26 Monero sovereigns ₿97,697
27 Chainlink (LINK) crypto ₿96,667
28 Tether corporate ₿96,184
29 Cardano (ADA) crypto ₿95,494
30 cbBTC defi ₿87,668
31 Canton (CC) crypto ₿77,057
32 Dai (DAI) crypto ₿71,656
33 Bitcoin Cash (BCH) crypto ₿66,794
34 USD1 (USD1) crypto ₿65,768
35 BTCB defi ₿65,301
36 Ethena USDe (USDE) crypto ₿62,093
37 United Kingdom state ₿61,245
38 Gram (prev. Toncoin) (GRAM) crypto ₿60,881
39 MARA Holdings (MARA) corporate ₿53,250
40 Global Dollar (USDG) crypto ₿49,513
41 Grayscale Mini Trust (BTC) etf ₿48,631
42 Sui (SUI) crypto ₿46,851
43 Ukraine state ₿46,351
44 Circle USYC (USYC) crypto ₿45,764
45 ARK 21Shares Bitcoin ETF (ARKB) etf ₿45,245
46 Hedera (HBAR) crypto ₿44,994
47 PayPal USD (PYUSD) crypto ₿44,864
48 Twenty One Capital (XXI) corporate ₿43,514
49 Avalanche (AVAX) crypto ₿42,945
50 Cronos (CRO) crypto ₿42,689
51 BlackRock USD Institutional Digital Liquidity Fund (BUIDL) crypto ₿40,719
52 Bitwise Bitcoin ETF (BITB) etf ₿40,230
53 Xapo corporate ₿38,931
54 NEAR Protocol (NEAR) crypto ₿38,458
55 Tether Gold (XAUT) crypto ₿37,836
56 Shiba Inu (SHIB) crypto ₿37,741
57 Zcash (shielded) sovereigns ₿36,907
58 Metaplanet (MPJPY) corporate ₿35,102
59 Casascius Coins defi ₿34,808
60 Mt. Gox corporate ₿34,504
61 Uniswap (UNI) crypto ₿33,715
62 Ondo US Dollar Yield (USDY) crypto ₿33,386
63 Bitcoin Standard Treasury Company (CEPO) corporate ₿30,021
64 Bittensor (TAO) crypto ₿29,450
65 World Liberty Financial (WLFI) crypto ₿28,270
66 PAX Gold (PAXG) crypto ₿27,692
67 OKB (OKB) crypto ₿26,113
68 Ondo (ONDO) crypto ₿26,026
69 Aster (ASTER) crypto ₿25,758
70 HTX DAO (HTX) crypto ₿25,688
71 DeXe (DEXE) crypto ₿25,127
72 River corporate ₿24,710
73 MemeCore (M) crypto ₿24,646
74 Bullish (BLSH) corporate ₿24,300
75 Ripple USD (RLUSD) crypto ₿23,688
76 USDD (USDD) crypto ₿23,534
77 Sky (SKY) crypto ₿22,138
78 Falcon USD (USDF) crypto ₿21,961
79 Mantle (MNT) crypto ₿21,694
80 Polkadot (DOT) crypto ₿21,400
81 Aave (AAVE) crypto ₿21,248
82 BFUSD (BFUSD) crypto ₿20,386
83 Morpho (MORPHO) crypto ₿20,280
84 CoinShares Bitcoin Tracker (BITCOIN-XBT) etf ₿20,085
85 Purpose Bitcoin ETF (BTCC) etf ₿19,769
86 Worldcoin (WLD) crypto ₿19,728
87 Internet Computer (ICP) crypto ₿18,335
88 Pepe (PEPE) crypto ₿18,298
89 Riot Platforms (RIOT) corporate ₿18,005
90 VanEck Bitcoin Trust (HODL) etf ₿17,937
91 Bitget Token (BGB) crypto ₿17,647
92 Ethereum Classic (ETC) crypto ₿16,935
93 WisdomTree Physical Bitcoin (BTCW) etf ₿16,755
94 United Stables (U) crypto ₿16,255
95 USDGO (USDGO) crypto ₿15,477
96 Pi Network (PI) crypto ₿15,455
97 BitMEX corporate ₿15,432
98 Spiko EU T-Bills Money Market Fund (EUTBL) crypto ₿15,405
99 Coinbase Global (COIN) corporate ₿15,389
100 Blockchain Capital (BCAP) crypto ₿14,966
101 Quant (QNT) crypto ₿14,405
102 KuCoin (KCS) crypto ₿14,066
103 Hut 8 Mining (HUT) corporate ₿13,696
104 ​​Stable (STABLE) crypto ₿13,586
105 CleanSpark (CLSK) corporate ₿13,513
106 Janus Henderson Anemoy Treasury Fund (JTRSY) crypto ₿13,452
107 POL (ex-MATIC) (POL) crypto ₿13,275
108 Strive (ASST) corporate ₿13,132
109 ADI (ADI) crypto ₿12,916
110 Spiko Amundi Overnight Swap Fund (EUR) (EURSAFO) crypto ₿12,833
111 Solv Protocol Bitcoin defi ₿12,755
112 JUST (JST) crypto ₿12,278
113 Pump.fun (PUMP) crypto ₿12,217
114 Kaspa (KAS) crypto ₿12,001
115 Render (RENDER) crypto ₿11,871
116 Cosmos Hub (ATOM) crypto ₿11,856
117 Invesco Short Duration US Government Securities Fund (USTB) crypto ₿11,802
118 Ethena (ENA) crypto ₿11,795
119 Lombard Protocol (LBTC) defi ₿11,780
120 NEXO (NEXO) crypto ₿11,688
121 Trump Media & Technology Group (DJT) corporate ₿11,542
122 Tesla (TSLA) corporate ₿11,509
123 Algorand (ALGO) crypto ₿11,489
124 Audiera (BEAT) crypto ₿11,196
125 Gate (GT) crypto ₿11,023
126 Function (FBTC) defi ₿10,930
127 Janus Henderson Anemoy AAA CLO Fund (JAAA) crypto ₿10,611
128 币安人生 (BinanceLife) (币安人生) crypto ₿10,363
129 Beldex sovereigns ₿10,147
130 GHO (GHO) crypto ₿10,027
131 Stone Ridge Holdings corporate ₿10,000
132 Jupiter (JUP) crypto ₿9,935
133 Arbitrum (ARB) crypto ₿9,073
134 Filecoin (FIL) crypto ₿8,857
135 XDC Network (XDC) crypto ₿8,800
136 Block (XYZ) corporate ₿8,780
137 Flare (FLR) crypto ₿8,745
138 YLDS (YLDS) crypto ₿8,627
139 Lighter (LIT) crypto ₿8,575
140 Usual USD (USD0) crypto ₿8,546
141 Bitwise 10 Crypto Index Fund (BITW) etf ₿8,530
142 21Shares Bitcoin ETP (ABTC) etf ₿8,525
143 Venice Token (VVV) crypto ₿8,513
144 SpaceX corporate ₿8,285
145 USX (USX) crypto ₿8,090
146 Tornado Cash sovereigns ₿8,075
147 El Salvador state ₿7,560
148 GD Culture Group (GDC) corporate ₿7,500
149 Avalon Labs defi ₿6,997
150 Galaxy Digital Holdings (GLXY) corporate ₿6,894
151 United Arab Emirates state ₿6,420
152 Threshold Bitcoin defi ₿5,941
153 American Bitcoin Corp (ABTC) corporate ₿5,843
154 Samourai Whirlpool sovereigns ₿5,808
155 Bhutan state ₿5,600
156 Hashdex Nasdaq Crypto Index Fund (HASH11) etf ₿5,584
157 Nakamoto Inc (NAKA) corporate ₿5,398
158 3iQ The Bitcoin Fund (QBTC) etf ₿5,373
159 Franklin Bitcoin ETF (EZBC) etf ₿5,155
160 Lightning Network Public Channels defi ₿5,139
161 ProCap Financial (BRR) corporate ₿5,000
162 Invesco Galaxy Bitcoin ETF (BTCO) etf ₿4,990
163 GameStop (GME) corporate ₿4,710
164 sBTC defi ₿4,370
165 Avalanche Bridged Bitcoin defi ₿4,156
166 Gemini Space Station (GEMI) corporate ₿4,002
167 OranjeBTC (OBTC3) corporate ₿3,722
168 Bitcoin Group SE (ADE) corporate ₿3,605
169 Liquid defi ₿3,310
170 The Tezos Foundation corporate ₿2,903
171 Rootstock defi ₿2,696
172 Zano sovereigns ₿2,683
173 ChinaAMC Bitcoin ETF (3042) etf ₿2,399
174 Decred (CSPP) sovereigns ₿2,266
175 HIVE Digital Technologies (HIVE) corporate ₿2,201
176 Core Scientific (CORZ) corporate ₿2,116
177 Bitfarms (BITF) corporate ₿1,827
178 Canaan Inc (CAN) corporate ₿1,778
179 NEXON (3659) corporate ₿1,717
180 Exodus Movement (EXOD) corporate ₿1,694
181 Fold Holdings (FLD) corporate ₿1,526
182 Cipher Mining (CIFR) corporate ₿1,500
183 Zap Solutions (Strike) corporate ₿1,500
184 MimbleWimbleCoin sovereigns ₿1,456
185 Railgun sovereigns ₿1,261
186 Monochrome Bitcoin ETF (IBTC) etf ₿1,218
187 Treasury (TRSR) corporate ₿1,111
188 Bitdeer Technologies (BTDR) corporate ₿1,040
189 North Korea state ₿803
190 Pirate Chain sovereigns ₿649
191 Litecoin (MWEB) sovereigns ₿326
192 Venezuela state ₿240
193 Secret Network sovereigns ₿229
194 Steak 'n Shake corporate ₿162
195 Finland state ₿90
196 Firo (Spark) sovereigns ₿10
Treasury data from bitcointreasuries.net (2026-02-13). Crypto market caps from CoinGecko (live, top 100). Private crypto total is calculated live from tracked projects.